Nadex

Rating: 0.6 / 5

Nadex, acronymous for the Northern American Derivatives Exchange, formerly known as HedgeStreet, is a US-based binary options exchange. Nadex became the primary binary options, call spreads and knock-outs broker in the US. It offers clients its proprietary trading platform, also available as a mobile app, popular among millennial traders.

Nadex Website Screenshot

Broker Details

Headquarters
United States
Established
2004
Min Deposit
$0
Execution
Market Maker
Regulators
CFTC

Trading Conditions

Min Forex Commission
$2 round trip per contract
Trading Hours
OptionsSunday 18:00 - Friday 15:00

Accounts & Funding

Withdrawal Fee
No

Trading Costs & Spreads

Inactivity Fee
$10 per month after 12 months if account funded

Platform & Features

Trading Platforms
Proprietary platform, Web-based

Pros

  • Offers binary options, call spreads, and knockouts
  • Great reputation
  • No Minimum deposit

Cons

  • Only 11 Forex pairs available

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